Stock Tips and Nifty Tips 21/04/2015

NIFTY OUTLOOK FOR 21/04/2015

GLOBAL TRENDS GETTING VOLATILE,
BEARS ARE DRIVING NIFTY,
BEARS TEST 8423 AND NIFTY CLOSES AT 8448,
8333 IS THE TARGET FOR BEARS IF NIFTY SLIP BELOW 8422,
BULLS CAN BAT ONLY AFTER A CLOSE ABOVE 8733,

THE FOLLOWING PATTERN HAVE SOME VALUE
AS LONG AS NIFTY TRADE BELOW 9119,

THE HIGH ON 30/01 WAS 8996,
THE LOW ON 10/02 WAS 8470,
AGAIN THE HIGH ON 04/03 WAS 9119,
THIS IS A DOUBLE BOTTOM PATTERN,
BELOW 8472, (9119-8470=649) (8470-649=7821)
THIS PATTERN HAVE THE TARGET AT 7821,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8688,
ABOVE 8733 BULLS CAN TARGET 8866 AND 8955,
BELOW 8644 BEARS CAN TARGET 8511 AND 8422,

Buy ACC with a target of Rs 1,610: Ashwani Gujral

'ACC is a ‘BUY’ call with a target of Rs 1,610 and a stop loss of Rs 1,530'

Sell UPL with a target of Rs 395: Ashwani Gujral

'UPL is a ‘SELL’ call with a target of Rs 395 and a stop loss of Rs 416'

Sell HDIL with a target of Rs 108: Sandeep Wagle

'HDIL is a ‘SELL’ call with a target of Rs 108 and a stop loss of Rs 123'

Sell Ipca Labs with a target of Rs 608: Sandeep Wagle

'Ipca Labs is a ‘SELL’ call with a target of Rs 608 and a stop loss of Rs 652'